1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeyben [28]
1 year ago
15

martin's has current assets of $600 and total assets of $2,900. the firm has total debt of $1,500 and long-term debt of $1,100.

what is the current ratio? multiple choice question. 1.5 0.4 2.6 0.7
Business
1 answer:
lions [1.4K]1 year ago
3 0

The current ratio is 1.5.

<h3>What is the current ratio?</h3>

Current ratio is a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations.

Current ratio is the ratio of current assets to current liabilities. Current assets are assets that would be used up in a year. Current liabilities are debt obligations that would be settled within a year. Current liabilities excludes long-term debt.

The higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations.

Current ratio = current asset /current liability

= 600 / (1500 - 1100)

= 600 / 400

= 1.5

To learn more about financial ratios, please check: brainly.com/question/26092288

#SPJ1

You might be interested in
Create a one-page document to plan your career using the SMART goal method. Use this outline to help you determine the steps nee
Alla [95]

To create a document to plan your career using the SMART goals method, you need to carry out in-depth research on the field that interests you, in addition to taking vocational tests and having conversations with professionals in the area for greater assertiveness in your career choice.

<h3 /><h3>What is the SMART goals method?</h3>

The word SMART corresponds to an acronym, the letters of which correspond successively to Specific, Measurable, Achievable, Relevant and Time-bound. This is a technique to help the achievement of goals according to each variable represented by a word.

Each parameter expressed by SMART goals helps in the description of objectives and organization of the ideal planning and actions to reach the real objectives in an established period of time.

Therefore, this is a personal question whose outline must be completed exclusively by you, use the SMART goals method concept and identify your potential and development needs according to the career you choose.

This is a very useful tool that helps to better understand goals, vision and creativity through a possible planning to fulfill personal goals.

Find out more about SMART goals here:

brainly.com/question/8986181

#SPJ1

3 0
2 years ago
The top management at Vermilion Inc. realized that there were some technical defects in the company's new manufacturing plant th
harkovskaia [24]

Answer: (C) Controlling

Explanation:

 The controlling is one of the type of management function that helps in managing the various types of organizational function and also it helps in achieve the desirable goals.

It basically take various types of corrective actions for effectively managing the resources and also helps in improving the performance of the company.

According to the given question, the controlling is one of the management function that efficiently illustrating the given scenario.

In the vermilion inc, the top management of the company realized that at the time of construction of the plant shows some technical defects and the technical specialists of an organization try to resolve the given issue.

Therefore, The given process is known as the controlling management function.

4 0
4 years ago
A local tree farm is trying to decide which fertilizer to use to grow its trees. It can either buy the famous Greenwood Fertiliz
postnew [5]

Answer:

1. NPV calculation

Option 1 ( with Greewood fertilizer) : $2.256

Option 2 ( with Peter's Fertilizer) : $3.835

2. Rate of return calculation:

Option 1: 45.12%

Option 2: 95.875%

Option 2 should be chosen as it provides higher NPV.

Explanation:

1. The detailed calculation for each option is:

Option 1: Present value of sales proceed - initial cost = (8/1.05^2) - 5 = $2.256

Option 2: Present value of sales proceed - initial cost = (10/1.05^5) - 4 = $3.835.

2. The detailed calculation for each option is:

Option 1: NPV/Initial cost = 2.256/5= 45.12%

Option 2: NPV/Initial cost =3.835/10 = 95.875%

To assess which option should be picked with the assumption of infinite time horizon, NPV should be key driver. As Option 2 has higher NPV, Option 2 is chosen.

5 0
3 years ago
Which of the following would be an example of mechanical convection?
sdas [7]

Hi!


Option A is correct.


In cooking, convection is the phenomena that causes molecules with a higher energy at the bottom of a container to travel upwards, and the molecules at the top with a lower energy to sink to the bottom and replace them.

Mechanical convection describes this phenomena as a result of the application of an external force.

This phenomena is restricted to substances that are in liquid, or gaseous state, as molecules of a substance in solid state have a very restricted movement.

Hence, options B, C and D are incorrect.


Hope this helps!



3 0
3 years ago
Leadership, productivity and self-direction are examples of?
Mariulka [41]

Life and career skills.

5 0
3 years ago
Other questions:
  • What is a system involving the use of the experience, knowledge, and attentiveness of all crew members in the decision making pr
    5·1 answer
  • The C.O.R.E Continuum identifies relationships that affect organizations’:
    10·1 answer
  • Sigma corporation applies overhead cost to jobs on the basis of direct labor cost. job v, which was started and completed during
    8·1 answer
  • LO 3.1Define and explain contribution margin ratio.
    9·1 answer
  • Which of the following statements refers to rent seeking? "There is an opportunity cost whenever the federal government spends t
    10·2 answers
  • If the variable cost per unit goes down, a. Contribution margin increases and Break-even point decreases. b. Contribution margin
    11·1 answer
  • Which ratio forms a proportiona with 5:15? A. 10:20 B.75:5 C.3:1 D.1:3
    14·1 answer
  • Job order versus Process Costing Which of the following industries would typically use job order costing, and which would typica
    7·1 answer
  • Left ventricular mass (LVM), determined from echocardiograms, is an important risk factor for subsequent cardiovascular disease.
    15·1 answer
  • Because cash is assumed to be available for spending, it is typically reported on the balance sheet as a(n)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!